On the occasion of the World No Tobacco Day, the public health groups along with doctors have urged the GST Council to increase compensation cess on all tobacco products to generate additional revenue for the government to aid the COVID-19...

Low demand has pushed the charge of truck rentals on key routes downward by 5-8 per cent in May, even as fuel prices are on the rise. Oil marketing companies have hiked the cost of diesel and petrol by about Rs 4.7 and Rs 4.1 per liter,...

The domestic passenger vehicle sales for several manufacturers hit a 12-month low this May as most of the states-imposed lockdown restrictions during the month and automobile manufacturers went for production shutdown at their plants for at least...

In the corporate realm, mergers and acquisitions are a common occurrence and there are a plethora of facets that makes individual businesses to merge with each other or for a big and successful business organization to acquire a small business or...

The output of eight core sectors jumped by 56.1 per cent in April, fundamentally on a low base effect and gain in production of natural gas, refinery products, steel, cement and electricity, as per the official data released. This high...

The base effect is aimed at the production of India's eight major industries skyrocketing in April 2021. The output of the Index of Eight Core Industries increased by over 56 percent last month, compared to a (-) 37.9 percent drop in the same...

The Reserve Bank of India (RBI) on Monday said that the banks and other regulated entities cannot cite its April 2018 order on its virtual currencies (VCs) as it was set aside by the Supreme Court last year. “In view of the order of the...

Chief Economic Adviser KV Subramanian on Monday said the impact of the second Covid-19 wave that it is not likely to be large on the economy but going forward, fiscal and monetary support will be needed to prop up growth. He, however, said it...

Prior to the second wave of the Covid-19 pandemic hit the country, India’s gross domestic product (GDP) grew 1.6 per cent in the fourth quarter (January-March) of 2020-21. This comes on top of a 0.5 per cent growth in the previous...

Even government agencies like the Employees Provident Fund Organisation (EPFO) cannot revise their claims once a resolution plan for a debt-laden corporate entity is authorized, states the Chennai Bench of the National Company Law Appellate...